CapEx News - Oct 2024

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Project News & Updates - Oct 2024


Azim Premji foundation grants Rs 500 crore to CMC Vellore
Infrastructure  -  Oct 10,2024
Azim Premji Foundation announced a Rs 500 crore grant to Christian Medical College (CMC) Vellore on October 9, 2024, to establish a medical college and upgrade its 120-bed hospital in Chittoor to a 42 .


IPO-bound Hyundai India to pump in Rs 32,000 crore
Manufacturing  -  Oct 10,2024
Hyundai Motor India Ltd (HMIL) plans to invest Rs 32,000 crore between 2023 and 2032 for capacity expansion, new launches, and electric vehicle development. Investments include Rs 26,000 crore for its .


Uttar Pradesh secures Rs 1.15 trillion investment in Green Hydrogen Sector
Infrastructure  -  Oct 09,2024
Uttar Pradesh secured ₹1.15 trillion in private investment for green hydrogen from 17 companies, creating 20,000 jobs. Key investors include Trafalgar Square Capital, Welspun Group (₹40,000 crore .


Tamil Nadu Cabinet nod for 14 projects worth Rs 39,000 crore
Infrastructure  -  Oct 09,2024
The Tamil Nadu Cabinet approved 14 projects worth ₹38,698 crore, creating 46,931 jobs across 12 districts in sectors like EVs, electronics, green energy, and advanced manufacturing. Key projects inc .


Amneal Pharmaceuticals to invest up to USD 200 mn in India to set up 2 plants
Manufacturing  -  Oct 09,2024
Amneal Pharmaceuticals will invest up to USD 200 million (₹1,680 crore) over the next 4-5 years to build two new manufacturing facilities in Ahmedabad, focusing on peptide synthesis and sterile fill .


Tamil Nadu greenlights Foxconn's Rs 13,180-crore display module assembly plant
Infrastructure  -  Oct 09,2024
Tamil Nadu approved a ₹13,180 crore investment by Yuzhan Technology (India), a Foxconn subsidiary, creating 14,000 jobs. Foxconn will establish a smartphone display module unit at the ESR Oragadam I .


Tendering begins for Rs 320 crore Kalyan-Ulhasnagar flyover expansion
Infrastructure  -  Oct 09,2024
The MMRDA has initiated a ₹320 crore tender to expand the Shahad railway flyover, linking Kalyan to NH-62 and Ulhasnagar, from two to four lanes to ease traffic congestion. Prompt expansion and repa .


Avaada lays foundation for Rs 13,650 crore renewable energy plant in Nagpur
Infrastructure  -  Oct 09,2024
Avaada Group has laid the foundation for a ₹13,650 crore manufacturing facility at Addl. Butibori Industrial Park in Nagpur, aimed at enhancing India's renewable energy capabilities. The projec .


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